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Governor Newsom signs Wieckowski ScholarShare bill to protect higher education savings accounts

Governor Gavin Newsom today signed a bill by Senator Bob Wieckowski (D-Fremont) to protect ScholarShare 529 savings accounts from creditors in bankruptcy cases, giving families hard hit financially by the COVID 19 pandemic some much-needed security. The bill, SB 898, is sponsored by California State Treasurer Fiona Ma.SB 898 exempts the state ScholarShare 529 plan from creditors in bankruptcy cases and sets the exemption amount maximum at $15,000 in the first and second year prior to filing for bankruptcy.

2020-21 College Savings Enrollment Period opens in Mississippi

Mississippi State Treasurer David McRae announced the 2020-21 enrollment period for Mississippi’s prepaid college tuition program is now open.

Enhanced Ivy InvestEd 529 Plan expands number of portfolios and adds investment options

Ivy Investments has introduced a series of enhancements to the Ivy InvestEd 529 Plan, including increasing the number of InvestEd Portfolios and expanding investment options, all designed to best meet investor needs as they save for higher education. Specific enhancements include:The number of InvestEd Portfolios (age-based and static options) increased from 6 to 10.The InvestEd Portfolios have been renamed based on the equity allocation percentage in each portfolio.Two iShares Exchange-Traded Funds (ETFs) have been added as underlying investment options within theInvestEd Portfolios (age-based and static options).Three Ivy Funds have been added as underlying investment options within the InvestEd Portfolios (age-based and static options).

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